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Debt recovery in stressed realty projects to rise 1,600 bps FY26

June 16, 2025

This uptrend is being fueled by renewed sales momentum in previously stalled housing projects, many of which are back on track thanks to strategic debt restructuring initiatives by asset reconstruction companies (ARCs).

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Tagged Asset reconstruction companies, Crisil Ratings, debt restructuring, Stalled housing projects, stressed real estate projects

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About 250 homes on government radar for building code violations in Gurugram’s Sushant Lok 3
Omaxe acquires 260 acres of land in Punjab

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Tesla secures fourth India office in Mumbai as part of expansion strategy

As part of its broader strategy to expand operations in India and build a local ecosystem for future manufacturing and supply chain activities, Tesla has leased a new commercial space in central Mumbai’s Kurla west area, marking another step in its India entry. The new premise will be utilised to set up a vehicle service center. This is Tesla’s fourth commercial space in India, after its engineering facility in Pune, a registered office in Bengaluru, and a 30-seater office near Mumbai’s central business district, Bandra Kurla Complex (BKC) secured for a year. This is also the second commercial transaction concluded…

Over 600 high-rise ‘obstacles’ found near Lucknow airport

Survey, covering a 20-km radius from the airport’s reference point, pinpointed 319 buildings, 214 trees, three electric traction frames, seven cellphone masts, hoardings, light poles, antennas, cranes, and even a mosque speaker threatening flight paths.

Indian construction equipment industry achieves marginal 3% growth in FY25: Report

Representative Image NEW DELHI: The Indian construction equipment (CE) industry has achieved a marginal three per cent year-on-year growth in FY25, with total equipment sales reaching 1,40,191 units compared to 1,35,650 units in FY24, according to a recent report by the Indian Construction Equipment Manufacturers’ Association (ICEMA). The CE industry had seen a growth of 26 per cent year-on-year in FY24. During the current fiscal, while the domestic market growth remained subdued at 2.7%, the industry’s overall performance was better due to a 10% surge observed in the exports. “2024 being an election year was one of the major reasons…

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Nine teams to inspect illegal buildings: Thane civic body to Bombay HC

June 21, 2025
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Delhi government likely to study Mumbai’s Dharavi model for slum redevelopment

June 21, 2025
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West Bengal plans four new IT parks

June 21, 2025
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